SPX500Pair : SPX500 Index Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame Resistance Levelby ForexDetectivePublished 2
sp500SP500 is currently in an ascending channel and there are currently two scenarios. Scenario 1 can fall to the lower support of the channel with the reaction it receives from the media and rise from there. Scenario 2 can directly break the median and rise to the upper resistance of the channel. Which do you think will happen?by foxforex3Published 112
S&P 500, More Gains Coming... S&P 500 Closes at Record Highs The S&P 500 index closed at all-time highs on Monday as markets assessed comments from three Federal Reserve officials regarding the central bank's recent monetary policy decisions. Technically: The S&P 500 has reached the bullish target we previously identified, Now The bullish trend will continue towards another ATH, provided the price remains above 5731 and 5708. However, a bearish trend will be confirmed if the price breaks below 5675. Key Levels: Pivot Line: 5730 - 5708 Resistance Levels: 5784, 5805, 5890 Support Levels: 5675, 5643, 5621 Trend Outlook: Bullish Trend: Above 5730 and 5708 previous idea: Longby SroshMayiUpdated 7
S&P500 This rally isn't even halfway there!Last time we plotted the S&P500 index (SPX) against the Volatility Index (VIX) was almost a year ago (November 07 2023, see chart below) and that helped as catch a more than +20% rise: This time, the two assets who are on a negative correlation don't trade on exactly opposite patterns. The S&P500 has been trading within a Channel Up for almost 1 year (since the October 30 2023 Low), while VIX is on a (wide) range with a clear Support Zone and peaks within a 22.00 - 24.00 Resistance Zone, with the exception of the early August rise that spiked above it (recession fears). Naturally, VIX's spikes and rejections (red circles) are SPX's bottoms and reversals (green circles). The blue circles that are bottoms for VIX inside its Support Zone are mid rally consolidations on the S&P500. This indicates that even when the Volatility bottoms and starts rising, the market is still in euphoria and it takes another half rally before it realizes that an aggressive volatility spike is coming. This can be particularly helpful in determining how long we still have to keep buying. Based on VIX's current position (ellipse shape), we are on the consolidation phase before the Support Zone test. Which means that we aren't even halfway through SPX's Bullish Leg. We expect that to be around mid to end of October, just before the U.S. elections to come up as a needed correction. As a result, we are expecting an end-of-year price at around 6200. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 2223
$SPX Analysis, Key Levels & Targets for Day Traders Sept 25 Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow Easy Trading Range here today, much easier than QQQ, lol, that one is a mess… but here we have an easy one… the implied move for tomorrow is between 568 to 574 and the only two levels in tomorrow’s implied move are ATH’s at 572.88 and the 35EMA, which is a clear support since after FOMC… Personally looking at 5765/5775 bear call spreads OR 5700/5690 bull put spreads depending on how we move tomorrow GL, y’all… I’ll keep you up to date on the wifi situationby SPYder_QQQueen_TradingPublished 114
Spx scalping startetgyUsing indictor levels to scalp. Using bands with stochastic to see overbought oversold zones. Ema crossing for short term scalpsby Grp_crowPublished 114
Where will markets trend next? Planetary patterns give us clues!Solar Eclipses are major 6-month pivot points. The next one is on October 2, 2024. Invest By Cycles decodes planetary patterns and astrological cycles as an investing enhancement tool to complement classic fundamental and technical analysis.by investbycyclesPublished 112
US500 (S&P): Trend in daily time framePlease pay special attention to the very accurate trends, rectangles, and colored levels. Its a very sensitive setup, please be careful. BEST, MTby MT_TUpdated 1
US500 (S&P): Trend in 2H time frameThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas. If the S&P chart does not react to close levels, this analysis will be invalid. So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive. BEST, MTby MT_TUpdated 3
S&P 500 channelGonna use this channel to find good short entry points. The correction will be confirmed when the price breaks out of it in the downward direction.Shortby SupergalacticPublished 553
US500 Is Bullish! Buy! Here is our detailed technical review for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 5,730.5. Considering the today's price action, probabilities will be high to see a movement to 5,946.0. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderPublished 111
SPX: positive but mixedThe market was highly anticipating the Fed's rate cut during their September FOMC meeting, but the 50 bps cut came as a sort of surprise. This is why the US equity markets were traded generally positive for the week, however, in a slightly mixed manner, like without a final conclusion whether the 50 bps was a good or bad move from the Fed. The S&P 500 started the week around the level of 5.610, and reached 5.727 at Thursday trading session, however, ending the week at the level of 5.702. The index posted a weekly gain of 1,36%. The high rate cut was perceived positively by investors. They perceive that a lower interest rate environment will be supportive for businesses. Tech companies were the ones to gain, but also other industries. Analysts are now adjusting forecasts in terms of expectations that the S&P 500 companies will expand their earnings by 4,6% in the Q3. by XBTFXPublished 12
Major Top Forming on SPXHello Everyone, a simple analysis of the RSI and current price action appear eerily similar to the 2022 peak. During the 2022 top we had financial experts and the media claiming victory stating that this bull market will continue, however we crashed soon after. Now the SPX is currently forming a topping process, this could be done or we could go a little higher before the bear market continues. It's clear that the SPX is making new highs while NDX and IWM fail to make a new high suggesting that this is the top. If this economy is doing so good, then why does the FED need to cut interest rates? The fed is cutting interest rates because we are either in a recession or we are very close to one. There is no such thing as a soft landing. The truth is we may already be in a recession and it wouldn't be declared until we are deep into one. If anything we are no longer going into a recession, we are going into a depression. Do not get lulled into a false sense of security like many others during the 2000 and 2008 top.Shortby justaturboman44Published 3
SP&500 LOOKS BEARISH TO ME Hi guys I can see Some Sellers step in , Looks like we will have some bearish days ahead After Target Reached i will check with new data find up next move . Best of Luck Shortby rintintin1981Published 5
S&P500: Aiming at 6,000 before the elections.The S&P500 index is on a very healthy bullish technical 1D outlook (RSI = 64.688, MACD = 69.140, ADX = 44.589) which indicates that the rebound that started on the September 6th low should be extended. The volatility on the 4H RSI indicates that as long as the 4H MA200 supports, we will see a rally similar to June's and in fact we should symmetrically be on a same level as the June 14th consolidation. We are aiming for the -0.618 Fibonacci extension like June's rally (TP = 6,000) before the U.S. elections. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScopePublished 5
Bulls game over today Short from 5783 Tp 5388.. Good luck and safe trade Shortby habib078641Published 0
SPX 500 Unjustified Bearish moves up and exit strategy explainednot financal advice just seeing many similarities in current market structure that could warrant a 20% correction as we are going thru bearish moves up to the upside.Editors' picks10:15by ThinkLikeaWhaleTLAWUpdated 232363
6 SPIRALS WEEK of 10/10 to 1017 MAJOR TURNThe chart posted is that of the SP 500 cash I have now placed the next set of gold ratio spirals ! LOOK to a Major Event and a Turn . I did want everyone to take a good look at July 11 to oct 10 2007 For a REASON best of trades WAVETIMER by wavetimerPublished 333
S&P Rising wedge?Purely hypothetical and for academic purposes only... Lose the rising wedge. Retest resistance. Form a double top. The target is where the rising wedge began. around a 25% drop from the highs. If recession in the USA is unavoidable. This may play out.by TheDoublesGameUpdated 1
SPX500 Potential Long!SPX500 is trading in an Uptrend and indice is now Making a pullback to Retest a horizontal support Of 5645.80 so after the retest We will be expecting A local bullish rebound !Longby kacim_elloittUpdated 1111
Analysis on the S&P 500 indexAnalysis on the S&P 500 index Asif Hassan Risan 23 september, 202409:44by Asif_Hassan_RisanPublished 113
Single digit correction is about to start till electionA single digit% correction is going to start from Mon or Tue till the presidential election.Shortby AlbCMPublished 30309